Business
Why Macquarie thinks the BHP (ASX:BHP) share price and 2 others will outperform
Shares in BHP Group Ltd (ASX: BHP), Fortescue Metals Group Limited (ASX: FMG) and Rio Tinto Limited (ASX: RIO) have struggled to make headway after going ex-dividend earlier this month.
Sky-high iron ore prices saw record dividends flow through to investors, with an average dividend yield of 9.33% between the BHP share price and the other 2 ASX mining giants.
However, shares typically fall on the ex-dividend date to reflect the dividend being paid. The greater the dividend, the greater the fall.
Meanwhile, over in China…
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